Evaluation by Evaluator Clause Samples

The 'Evaluation by Evaluator' clause establishes that a designated individual or entity is responsible for assessing certain aspects of a contract, such as performance, compliance, or quality. Typically, this clause outlines the evaluator's authority, the criteria or standards to be used, and the process for conducting the evaluation, which may include site visits, document reviews, or performance testing. Its core function is to provide an objective mechanism for determining whether contractual obligations are being met, thereby reducing disputes and ensuring accountability.
Evaluation by Evaluator. The Evaluator shall determine separately and promptly furnish to the Trustee and the Depositor upon request the value of each issue of Bonds (treating separate maturities of Bonds as separate issues) as of the Evaluation Time on the bid side of the market on the days on which the Trustee shall make the Trust Fund Evaluation required by Section 5.1 and, in addition, as of the Evaluation Time on the offering side of the market each business day during the initial public offering period. In making the evaluation the Evaluator may determine the value of each issue of the Bonds in the Trust Fund by the following methods or any combination thereof which it deems appropriate: (i) on the basis of current bid or offering prices of such Bonds as obtained from investment dealers or brokers (including the Depositor) who customarily deal in public bonds comparable to those held by the Trust Fund, (ii) if bid or offering prices are not available for any of such Bonds, on the basis of bid or offering prices for comparable bonds, (iii) by appraisal, or (iv) in its evaluation of Bonds which are in default in payment of principal or interest or, in the Depositor's opinion, in significant risk of such default ("Defaulted Bonds") on the basis of the current bid and offering prices of such Bonds and the current bid and offering prices of such issuers whose securities, if identifiable, carry identical interest rates and maturities and are of a creditworthiness comparable to the issuer of such Bonds prior to the default or significant risk of default. If such other bonds are not identifiable, the Evaluator will compare prices of bonds with substantially identical interest rates and maturities and which are of a creditworthiness of minimum investment grade or (v) by any combination of the above which it deems appropriate. The Evaluator shall also make an evaluation of the Bonds deposited in the Trust Fund as of the time said Bonds are deposited under this Indenture. Such evaluation shall be made on the same basis set forth above and shall be based upon offering prices of said Bonds. In addition to the methods of determining the value of the Bonds described above, the Evaluator may make the initial evaluation in whole or in part by reference to the Blue List of Current Municipal Offerings (a daily publication containing the current public offering prices of public bonds of all grades currently being offered by dealers and banks). The Evaluator's determination of the offering price...
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Evaluation by Evaluator. The Evaluator shall determine separately and promptly furnish to the Trustee and the Depositor upon request the per Unit value of the Securities in the Trust as of the Evaluation Time on the bid side of the market on the days on which the Trustee shall make the Trust Evaluation required by Section 5.01 and, in addition, (i) as of the Evaluation Time on the offering side of the market each business day during the initial public offering period, (ii) if and as long as requested by the Depositor on the offering side of the market on each business day following such initial public offering period, and (iii) on any other day requested by the Depositor or the Trustee. In making the evaluations the Evaluator may determine the value of each issue of the securities in the Trust by the following methods or any combination thereof which it deems appropriate: (i) on the basis of current bid or offering prices of such securities as obtained from investment dealers or brokers (including the Depositor) who customarily deal in securities comparable to those held by the Trust, or (ii) if bid or offering prices are not available for any of such securities, on the basis of bid or offering prices for comparable securities, or (iii) by appraisal or (iv) by any combination of the above. The Evaluator shall also make a per Unit evaluation of the Securities deposited in the Trust as of the times said Securities are deposited under this Indenture. Such evaluation shall be made on the same basis as set forth above and shall be based upon offering prices of said Securities. The Evaluator's determination of the offering price of the Securities of the Trust on the date of deposit shall be included in the Schedules attached to the Reference Trust Agreement.
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Evaluation by Evaluator. 30 Section 4.02.
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Evaluation by Evaluator. 29 SECTION 4.2. Tax Reports.................................................. 30 SECTION 4.3.
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Related to Evaluation by Evaluator

  • Evaluators The success of a program of evaluation depends upon a high level of skill and training of all participants in the process. The District shall provide annual training on the Colorado State Educator Evaluation System and ongoing training on inter-rater reliability using approved materials from the Colorado Department of Education. As required by Colorado law, all performance evaluations must be conducted by an individual who has completed a training in evaluation skills that has been approved by the Department of Education.

  • Evaluation 1. The purposes of evaluation provisions include providing employees with feedback, and employers and employees with the opportunity and responsibility to address concerns. Where a grievance proceeds to arbitration, the arbitrator must consider these purposes, and may relieve on just and reasonable terms against breaches of time limits or other procedural requirements.

  • Evaluation of Risks The Investor has such knowledge and experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk.

  • Evaluation Cycle Goal Setting and Development of the Educator Plan A) Every Educator has an Educator Plan that includes, but is not limited to, one goal related to the improvement of practice; one goal for the improvement of student learning. The Plan also outlines actions the Educator must take to attain the goals established in the Plan and benchmarks to assess progress. Goals may be developed by individual Educators, by the Evaluator, or by teams, departments, or groups of Educators who have the similar roles and/or responsibilities. See Sections 15-19 for more on Educator Plans. B) To determine the goals to be included in the Educator Plan, the Evaluator reviews the goals the Educator has proposed in the Self-Assessment, using evidence of Educator performance and impact on student learning, growth and achievement based on the Educator’s self-assessment and other sources that Evaluator shares with the Educator. The process for determining the Educator’s impact on student learning, growth and achievement will be determined after ESE issues guidance on this matter. See #22, below. C) Educator Plan Development Meetings shall be conducted as follows: i) Educators in the same school may meet with the Evaluator in teams and/or individually at the end of the previous evaluation cycle or by October 15th of the next academic year to develop their Educator Plan. Educators shall not be expected to meet during the summer hiatus. ii) For those Educators new to the school, the meeting with the Evaluator to establish the Educator Plan must occur by October 15th or within six weeks of the start of their assignment in that school iii) The Evaluator shall meet individually with Educators with PTS and ratings of needs improvement or unsatisfactory to develop professional practice goal(s) that must address specific standards and indicators identified for improvement. In addition, the goals may address shared grade level or subject matter goals. D) The Evaluator completes the Educator Plan by November 1st. The Educator shall sign the Educator Plan within 5 school days of its receipt and may include a written response. The Educator’s signature indicates that the Educator received the plan in a timely fashion. The signature does not indicate agreement or disagreement with its contents. The Evaluator retains final authority over the content of the Educator’s Plan.

  • Independent Evaluation Buyer is an experienced and knowledgeable investor in the oil and gas business. Buyer has been advised by and has relied solely on its own expertise and legal, tax, title, reservoir engineering, environmental and other professional counsel concerning this transaction, the Properties, the value thereof and title thereto.